No bigger NO-NO exists than collusion to set commisions, gas prices, health care fees. etc.
Walton.realforeclose.com
- Thread starter Busta Hustle
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No bigger NO-NO exists than collusion to set commisions, gas prices, health care fees. etc.
Have you ever seen the billing side of being a Dr? Check out the Medicare CPT's (HCPS) that set the State by State standard pricing for Common Procedures. Most insurers use them as the benchmark.
I loved E0277, E0652, E1390 and any of the E0001 through E0004 variations.
Don't even get me started on petroleum (today that is)
I have no idea what point you are trying to make AA, but it is a major antitrust violation for me as a Doc to meet with other Docs and set our fees. We are cautioned against even bringing the subject up in casual conversation. A lot of Realtors would have the public think that there is a standard and expected commission that "motivates" Agents to work their listing, but I say it's their fiduciary obligation and the free market that controls this aspect.
Interesting point AAB. What are customary RE commissions for the area now?
AAB also perhaps you can start another thread about realtor commissions and the profit margins of builders from 2002 to the present.
walton.realforeclose.com (and other site) was allowed by legislation July 1, 2008 Ch.45.03 FS or something like that to assist county clerks. Not much happening on the county steps these days other than banks keeping the properties.
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It's pretty much a given that the 6% real estate commission will be one of the things left behind in the ruins when we eventually emerge from this recession.
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The law is frought with hypocracy. You mentioned pricing and colusion within healthcare. The government has set the price for thousands of medical procedures. They do so through common procedure codes (CPT's) and HCPS. You can charge Medicare whatever you want, but they will pay you the price they have set. That's all.
I imagine with Safe Harbor and Qui Tam that you Dr.'s are prohibited from talking price with one another, but that doesn't mean that the Government is prohibited from price setting. It's already done.
For you and I it would be racketeering, for the Government it's fine.
I've been wondering about that. I haven't attended, but I check up after the redemption periods to see what finally happened.
Are there any bidders other than institutional?
No one is bidding on foreclosures because they're all underwater--there's no equity in them--zero--zip--nada.
In the "olden daze" folks who went into foreclosure usually had some equity in the house and fell on hard times (divorce, death in family, loss of job), so folks would bid for what remained of the bank's note. But 99.999% of today's foreclosures belonged to investulators who bought at bubble prices, put zero down, and then immediately refi'd to suck any bubble-induced-equity out of the house as soon as they could to "invest again," buy a Hummer, or spend a few weeks with extended family in Disney World with a follow-on Disney Cruise.
I've been seeing some First Position Lienor's filing foreclosure. It used to be that the Second Position Lienor was bidding a $1 over the First.
Anyone been seeing this?
Anyone been seeing this?
The site does appear quite official when you look at it. Likely contracted out by the county though.
However, many of the links for procedure, training, etc. go to other counties' clerks, assesors, etc. sites.